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How Payroll Funding Can Contribute to Business Growth for Staffing Agency Owners

COATS Staffing Software

Waiting 30, 60, or 90 days to receive customer payment makes it difficult for staffing agencies to maintain consistent cash flow and grow their business. A business loan or business line of credit is seemingly the most cost-effective but can be time-consuming and frustrating, especially when denied. What is Payroll funding?

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11 Small Business Loans to Give Your Business A Boost in 2024

Homebase

Running—and funding—a small business isn’t for the faint of heart. For over 82% of American entrepreneurs , funding their business means using personal savings, credit cards, or leveraging other assets. While it’s common, dipping into your personal savings isn’t something any small business owner wants to do.

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New Report Finds Private Attorneys General Act Is Too Slow to Resolve Claims, Too Little Compensation Goes to Workers

HRWatchdog

The report also found that non-profits, small businesses and other employers have been forced to pay nearly $10 billion in PAGA case awards since 2013, with attorneys receiving the far bigger portion of the settlements and workers consistently receiving only minimal payments. Learn how to power your business with a CalChamber membership.

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Winning as we: HiBob raises an additional $150M in Series D funding

Bob

In fact, the need for flexible HR platforms to manage people in times of uncertainty and change has become even more critical to business success. With that in mind, I’m beyond proud to announce HiBob’s latest round of funding—$150M—bringing our total funding to $424M. Flexibility is HR’s superpower.

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How Businesses are Managing the New Reality of Work: A Paycor Survey

We wanted to know how COVID-19 impacted businesses and their workforces. Did they need government funds? This guide offers a pretty good idea of how business leaders are feeling, what keeps them up at night, and what approaches they’re taking to solve problems. How many workers did they layoff or furlough? How’s team morale?

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What is Payroll Funding in Staffing?

Recruiters Lineup

To address this challenge, agencies turn to a specialized financial solution called payroll funding. This funding method provides immediate cash flow by leveraging accounts receivable. If you want to learn more about payroll funding in staffing, we have prepared this article for you.

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Workforce Service Provider Helps Secure Funding for NYC Businesses Through SVOG Grant

EDSI

Supporting New York businesses within the entertainment industry during the pandemic became possible through Federal grants administered through the U.S. Department of Labor's Shuttered Venue Operators Grant (SVOG) program, and workforce development service provider, EDSI played a big role in helping coordinate these efforts.

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Benefits That Employees Actually Want: How To Source and Implement Benefits To Win The Talent War

Speaker: Ellen Meza, Director of Global Benefits, Well-Being and Mobility at DocuSign

Recent Gallup polls show that 48% of employees are looking for new work, and this disengagement is costing businesses. For a company of 10,000 employees with an average salary of $50,000 each, disengagement costs $60.3 million a year. Undoubtedly scary — but luckily, we have a playbook.

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Discover 4 Use Cases for Applying AI to Your Recruiting Processes

Recruitment AI technology uncovers the most qualified candidates. This technology automates recruiting routines and facilitates natural conversations, resulting in higher productivity and a better candidate experience. Download the eBook to learn more!